Military Aerospace Coatings Market To Reach USD 445.8 Million By 2026
Market Summary The growth of the market is governed by various factors such as stringent government regulations Market Size – USD 314.5 Million in 2018, Market Growth - CAGR of 4.4%, Market TrendsIncreasing applications of these coatings in aerospace & defense sector The Military Aerospace Coatings Market is expected to reach USD 445.8 Million by 2026, according to a new report by Reports and Data. The Military Aerospace Coatings Market is anticipated to show robust growth during the forecast period. The key factors driving the market are the increasing demand from user types, such as OEMs and MROs for various military aircraft, such as rotary-wing and fixed-wing, which tends to stimulate the market globally. Further key findings from the report suggest : • The Military Aerospace Coatings Market is estimated to reach USD 445.8 Million by 2026, at a CAGR of 4.4% during the forecast period. • The polyurethane (PU) accounts for the largest share of 52.8% of the market in 2018. • The powder technology is anticipated to grow at a higher rate of 4.7% during the forecast period. • The Original Equipment Manufacturer (OEM) end user accounts for a larger share of 57.3% of the market in 2018. www.reportsanddata.com
Key Players: PPG Industries, Inc., Evonik Industries AG, The Sherwin-Williams Company, AkzoNobel N.V, Hentzen Coatings, Inc, Creative Coatings Co., Inc., Hentzen Coatings, Inc., Kansai Paint Co., Ltd., Humiseal, Argosy International Inc., BryCoat Inc., KGaA, Mankiewicz Gebr. & Co., Henkel AG & Company, BASF SE Segmentation: • Adhesive Type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026), Silicone, Rubber, Acrylic, Others • Technology Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026), Solvent-based, Water-based, Hot-Melt • Product Type Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026), Double Sided Foam Tape, Double Sided Film Tape, Double Sided Tissue Tape, Others • Industry Vertical Outlook (Volume, Kilo Tons and Revenue, USD Million; 2016-2026), Automotive, Building & Construction, Electrical & Electronics, Paper & Printing, Others
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Regional Military Aerospace Coatings Market (Regional Output, Demand & Forecast by Countries):• North America (United States, Canada, Mexico) • South America (Brazil, Argentina, Ecuador, Chile) • Asia Pacific (China, Japan, India, Korea) • Europe (Germany, UK, France, Italy) • Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) and More.
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Major highlights of the report: • An all-inclusive evaluation of the parent market • The evolution of significant market aspects • Industry-wide investigation of market segments • Assessment of the market value and volume in the past, present and forecast years • Market share evaluation • Study of niche industrial sectors • Tactical approaches of the market leaders • Lucrative strategies to help companies strengthen their position in the market
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